The top 20 places to make money from property

Dismiss any thoughts that this is a Baltic backwater. The capital, Tallinn, in
particular, is smart, chic and hi-tech.

Unemployment is low by regional standards. House prices in the city rose 13.9
per cent in the year to summer 2012, says Knight Frank. Golf is also taking
off in a big way, with a large new resort, the Estonia Golf & Country Club,
providing 125 new homes close to the capital.

Investment tip Offer less than the asking price. “It’s typical for
deals to be done 20 per cent below,” says Mark Shein of Sotheby’s. Also
check that the person selling you the land is the bona fide owner.